BlackRock Ethereum ETF purchases $72.5M in ETH
Key Takeaways
- BlackRock clients bought $72.5 million worth of Ethereum in a single day via the spot Ethereum ETF.
- This transaction underscores institutional interest in Ethereum, particularly due to its role in smart contracts and tokenization.
Share this article
BlackRock clients purchased $72.5 million in Ethereum on Monday through the asset manager’s spot Ethereum ETF. BlackRock, the world’s largest asset manager, has been building exposure to on-chain infrastructure through regulated crypto products.
The purchase reflects growing institutional interest in Ethereum as a foundational asset for smart contracts and tokenization. BlackRock’s spot Ethereum ETF enables institutional investors to gain streamlined crypto exposure through regulated products that bridge traditional finance and web3.
Institutions have been rotating into Ethereum amid increased demand for liquid, regulated crypto products focused on DeFi and tokenization. BlackRock continues to facilitate Ethereum accumulation through its ETF, highlighting the cryptocurrency’s role as a core asset for emerging web3 ecosystems.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Policymakers Ignore Potential Crypto Tax Income for Infrastructure
- Q3 2025 crypto M&A hit $10B as institutional demand and pro-crypto regulations drive integration with traditional finance. - Despite robust VC funding (e.g., Coinbase's $375M Echo acquisition), no evidence links crypto taxes to public infrastructure spending. - Geopolitical stability (e.g., U.S.-China talks) boosts crypto markets, yet policymakers ignore channeling crypto tax revenue into infrastructure unlike energy sectors. - $550B Japan-U.S. energy deals and Hitachi's AI partnerships highlight infrast
Partisan Dispute Over Health Insurance Subsidies Triggers Second Largest Government Shutdown on Record
- U.S. government shutdown hits 23rd day, second-longest in history, due to partisan disputes over Affordable Care Act subsidies. - 1.6 million federal workers furloughed or unpaid; Trump's RIF plan faces legal challenges for violating Antideficiency Act. - Economic losses exceed $41B as delayed data disrupts Fed policy; military payrolls face risks amid failed accounting measures. - Unions sue over politicized workforce cuts; $130M anonymous donation temporarily covers military pay but raises sustainabili
OpenAI's Shift to Profit: Will Nonprofit Governance Endure with Microsoft's $135B Investment?
- OpenAI completes for-profit restructuring, granting Microsoft a 27% stake valued at $135B while retaining nonprofit oversight via a $130B equity stake. - Microsoft secures extended IP rights to OpenAI models until 2030 or AGI verification, but loses exclusivity on consumer hardware and cloud infrastructure. - The deal includes $250B in Azure cloud purchases by OpenAI and resolves legal disputes, including Elon Musk's $100B acquisition bid and regulatory objections. - Critics question the nonprofit founda
Blazpay Presale Nears Its End: Investors Hurry to Secure Lower Prices Before Increase
- Blazpay's presale nears completion after raising $843.7K, with 76.1% of 157.3M tokens sold at $0.0075, ahead of a $0.009375 price increase in under a week. - The platform combines multichain trading (50+ blockchains), AI tools, and gamified rewards, attracting 800K+ users and 3M transactions with $200K in distributed rewards. - Tokenomics allocate 34% for public sales, 12% for team/advisory, and 16% for liquidity, with analysts projecting $0.011–$0.017 presale prices and $0.05–$0.09 post-listing. - Quill
Trending news
MoreCrypto prices
More
